Eastern Funding winds down equipment finance, specialty vehicle ops
Commercial financier Eastern Funding is ending operations of its specialty vehicles and equipment funding group amid a company strategic refocus. ...
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Lender Operations
US inflation broadly cools, bolstering case for Fed rate cut
US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing another dose of confidence...
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Treasuries slip as Powell calls for evidence of inflation’s ebb
US Treasuries slipped as Federal Reserve Chair Jerome Powell told Washington lawmakers he wants more evidence of cooling inflation, bolstering...
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Calpers allots more than $1 billion to Sixth Street’s asset-based finance
California Public Employees’ Retirement System committed more than $1 billion to an asset-based finance strategy managed by Sixth Street, according...
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New business volume, employment up in May
New business volume in equipment finance surged year over year in May. But the growth may slow in the coming...
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2 state commercial finance disclosure laws take effect
Connecticut and Kansas are the most recent states to adopt disclosure laws as more states seek commercial financing regulations; the...
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Software automation key for compliance
Software automation is the easiest way for lessees and lessors to maintain compliance and meet needs and requirements. The three...
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M&A: Orrstown Financial Services, Codorus Valley Bancorp to merge
With M&A activity at a high point lately, several transactions have received regulatory approval and are expected to close within...
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